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Fees
Earns
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Fees
Earns
Customer service
Beginners
Trading
Passive income
Buy and hold
Beginners
Trading
Passive income
Buy and hold
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| Probit | FEATURES | Okcoin |
|---|---|---|
|
ProBit supports low minimum trade amounts, making it accessible for beginners to start trading without requiring significant initial investments. |
Minimum Trade |
Okcoin allows for relatively low minimum trade volumes, making it accessible for beginners without requiring large initial investments. |
|
ProBit Global offers competitive trading fees that are below the industry average, enhanced by discounts for using the PROB token. |
Trading and Transaction Fees |
Okcoin’s fees are competitive within the industry, but they are not the lowest available, which could be improved to attract more users. |
|
With over 500 cryptocurrencies available, ProBit Global provides one of the most extensive selections, catering to traders looking for variety and niche coins. |
Number of Cryptocurrencies |
While Okcoin supports all major cryptocurrencies, its selection of altcoins is somewhat limited compared to larger exchanges. |
|
The platform supports over 300 trading pairs, offering significant flexibility for trading strategies across a broad range of cryptocurrencies. |
Crypto-to-Crypto Trading Pairs |
The platform offers a decent range of crypto-to-crypto trading pairs, though it lacks the variety seen in more comprehensive exchanges. |
|
ProBit is generally transparent about its fees and operations, though some users may seek more detailed information on certain operational aspects. |
Website Transparency |
Okcoin provides clear information on fees and security practices, though details on corporate governance could be more comprehensive. |
|
ProBit does not offer an exchange card for in-store purchases. |
Credit/Debit Card |
While Okcoin provides a range of services to facilitate cryptocurrency trading and management, the absence of an exchange card means users may miss out on the convenience and benefits that such cards typically offer, like easy conversion of cryptocurrencies to fiat for everyday transactions. |
|
ProBit provides secure storage options, including cold storage, although it doesn’t offer as diverse an array of wallet services as some larger platforms. |
Storage Offering |
The exchange offers secure storage options with a majority of assets kept in cold storage, enhancing security for user funds. |
|
The platform offers staking options and various rewards through the use of its PROB token, giving users additional ways to earn from their holdings. |
Staking and Rewards |
Currently, Okcoin has limited options for staking and rewards, which is an area ripe for development to enhance user returns. |
|
ProBit offers a functional mobile app and a user-friendly desktop platform, though some users might find the features somewhat basic compared to more advanced trading platforms. |
Mobile App and Desktop |
Okcoin provides robust mobile and desktop platforms that are intuitive and user-friendly, suitable for traders of all experience levels. |
|
Customer service is available and generally responsive, but feedback indicates that there is room for improvement in terms of speed and the breadth of support options. |
Customer Service |
Customer service is available, but response times can vary. Improving responsiveness and support hours could boost user satisfaction. |
|
Deposits and withdrawals are supported efficiently on ProBit, but the options for fiat transactions are limited, and the structure for withdrawal fees can be complex. |
Deposit and Withdraw |
Deposits and withdrawals are handled efficiently on Okcoin, with support for multiple payment methods, though some users seek faster processing times. |
At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.
We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).
For more details on the categories considered when rating brokers and our process, read our full methodology.
Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.
Neither Threenvest, nor the author, are recommending you to invest with this article.
We help you invest in the crypto market in the safest way possible.
Threenvest was born by and for you. Our mission is to help you invest in the cryptocurrency market in the easiest and safest way possible. And how do we make money? Very simple, every time you click on any of the platforms that we recommend, it is possible that we get an income. We do not work with unsafe platforms, our standard is only to recommend platforms where we would invest our money ourselves.
© All rights reserved 2024 | Threenvest I/S